A-LevelEconomicsMacroeconomics: InflationMay/June 2012Paper 1 Q241 Mark
The figures show the Consumer Price Index (CPI) of a country. (1990 = 100) [Figure 24.1] What can be deduced from the data?
AThere was hyperinflation between 1990 and 2007.
BThe rate of inflation rose in 2009.
CThe rate of inflation in 2008 was 4%.
DThe country experienced inflation in each year from 2008 to 2010.
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The correct answer is D. This question tests the candidate's understanding of macroeconomics: inflation within the Economicssyllabus. The examiner's mark scheme requires...
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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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